Lazard Conseil: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Lazard Conseil
Largest movements
- Cash +€26,930
up €26,930 (+1,741%), from €1,547 to €28,477
mainly Net result for the year (+€49,333) and Depreciation (+€5,151)
- Receivables within one year +€15,448
up €15,448 (+6.2%), from €250,330 to €265,778
of which Other amounts receivable: +€101,278
- Tangible fixed assets -€6,379
down €6,379 (-63.9%), from €9,988 to €3,610
of which Furniture and vehicles: -€3,568
- Reserves +€179,000
new in 2025: €179,000
- Profit (loss) carried forward -€142,667
down €142,667 (-73.3%), from €194,569 to €51,902
- Gross operating margin -€137,591
down €137,591 (-62.4%), from €220,511 to €82,921
- Taxes -€28,671
down €28,671 (-50.8%), from €56,395 to €27,725
- Financial income +€2,332
up €2,332 (+218%), from €1,070 to €3,403
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,416 | €297,893 | +€34,478 | +13.1% |
| Fixed assets | 21/28 | €9,988 | €3,610 | -€6,379 | -63.9% |
| Tangible fixed assets | 22/27 | €9,988 | €3,610 | -€6,379 | -63.9% |
| Furniture and vehicles | 24 | €5,386 | €1,818 | -€3,568 | -66.2% |
| Other tangible fixed assets | 26 | €4,602 | €1,791 | -€2,811 | -61.1% |
| Current assets | 29/58 | €253,427 | €294,284 | +€40,856 | +16.1% |
| Amounts receivable within one year | 40/41 | €250,330 | €265,778 | +€15,448 | +6.2% |
| Trade receivables | 40 | €227,923 | €142,093 | -€85,830 | -37.7% |
| Other amounts receivable | 41 | €22,407 | €123,685 | +€101,278 | +452% |
| Cash at bank and in hand | 54/58 | €1,547 | €28,477 | +€26,930 | +1,741% |
| Deferred charges and accrued income | 490/1 | €1,550 | €28 | -€1,522 | -98.2% |
| Total equity and liabilities | 10/49 | €263,416 | €297,893 | +€34,478 | +13.1% |
| Equity | 10/15 | €204,569 | €240,902 | +€36,333 | +17.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €179,000 | +€179,000 | |
| Distributable reserves | 133 | - | €179,000 | +€179,000 | |
| Profit (loss) carried forward | 14 | €194,569 | €51,902 | -€142,667 | -73.3% |
| Amounts payable | 17/49 | €58,847 | €56,991 | -€1,855 | -3.2% |
| Amounts payable within one year | 42/48 | €58,847 | €56,991 | -€1,855 | -3.2% |
| Trade debts | 44 | €730 | €9 | -€720 | -98.7% |
| Suppliers | 440/4 | €730 | €9 | -€720 | -98.7% |
| Taxes, remuneration and social security | 45 | €58,117 | €56,982 | -€1,135 | -2.0% |
| Taxes | 450/3 | €58,117 | €56,982 | -€1,135 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,256 | €5,151 | -€1,105 | -17.7% |
| Other operating charges | 640/8 | €1,899 | €882 | -€1,017 | -53.6% |
| Non-recurring operating charges | 66A | - | €3,156 | +€3,156 | |
| Gross operating margin | 9900 | €220,511 | €82,921 | -€137,591 | -62.4% |
| Operating profit (loss) | 9901 | €212,356 | €73,732 | -€138,624 | -65.3% |
| Financial income | 75/76B | €1,070 | €3,403 | +€2,332 | +218% |
| Recurring financial income | 75 | €1,070 | €3,403 | +€2,332 | +218% |
| Financial charges | 65/66B | €69 | €77 | +€8 | +11.1% |
| Recurring financial charges | 65 | €69 | €77 | +€8 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €213,357 | €77,058 | -€136,299 | -63.9% |
| Income taxes | 67/77 | €56,395 | €27,725 | -€28,671 | -50.8% |
| Profit (loss) for the period | 9904 | €156,962 | €49,333 | -€107,629 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €156,962 | €49,333 | -€107,629 | -68.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.